The compound interest on a certain sum of money at 5% per annum for 2 – McqOptions

MCQOPTIONS

1.	The compound interest on a certain sum of money at 5% per annum for 2 years is Rs 246. The simple interest on the same sum for 3 years at 6% per annum is = ?
A.	Rs. 435
B.	Rs. 450
C.	Rs. 430
D.	Rs. 432
Answer» B. Rs. 450

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